I was out running this morning, Realized that gas had just hit $1.50, after 6 months ago it being $4.00.
It Troubles me, as a big believer in Markets, and supply and demand, Even a "Lack of Inefficiency in markets".
This does worry me, Something is Seriously wrong in markets, when we can see that kind of swing.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Saturday, November 29, 2008
gas
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2 comments:
Mustard seeds, dude.
Worry on the way up, not down. (Unless you're long oil.)
Ok Kudlow,
I just think that is super strange, haven't seen that price since 97 or so.
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